ACL Cables Dividend
Dividend criteria checks 3/6
ACL Cables is a dividend paying company with a current yield of 1.49% that is well covered by earnings.
Key information
1.5%
Dividend yield
11%
Payout ratio
Industry average yield | 1.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | LK₨11.14 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ACL.N0000's dividend payments have been volatile in the past 10 years.
Growing Dividend: ACL.N0000's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
ACL Cables Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (ACL.N0000) | 1.5% |
Market Bottom 25% (LK) | 2.4% |
Market Top 25% (LK) | 8.1% |
Industry Average (Electrical) | 1.5% |
Analyst forecast in 3 Years (ACL.N0000) | n/a |
Notable Dividend: ACL.N0000's dividend (1.49%) isn’t notable compared to the bottom 25% of dividend payers in the LK market (2.39%).
High Dividend: ACL.N0000's dividend (1.49%) is low compared to the top 25% of dividend payers in the LK market (8.05%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (11.2%), ACL.N0000's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (8.2%), ACL.N0000's dividend payments are thoroughly covered by cash flows.